15 Home Staging Stats You're Not Going to Believe
The Arvada, CO area continues to have a very good real estate market. While selling a home here can come with a good sales price, it is still very important to help your home stand out. When home staging in Arvada, you can maximize your sales price and see your home sell quickly. There are many benefits of home staging, which are made even more apparent through a variety of home staging statistics.
Higher Sales Price
More than two-thirds of all real estate agents say home staging will yield a higher sales price. The increase in sales price can vary anywhere from 1% to 10%, which depends on the situation.
Buyers Visualize Home More
One of the advantages of home staging is that it can help a buyer to visualize moving into the property. Over 80% of all potential buyers have stated that staging makes it easier to plan a layout and see what it would be like to live in the home.
Buyers Willing to Pay More
Many buyers also believe that a home staging could lead to a higher sales price, if it is done the right way. Nearly 50% of all home buyers have polled have said that a properly staged home could lead to a higher offer and closing price.
Attract More Buyers
About one quarter of all real estate agents believe that home staging does not necessarily increase the sales price of your home. However, they still believe that it will help to garner more interest and ultimately increase your chances of landing a sale.
Overall Agents Believe Staging is Beneficial
Overall, real estate agents and professionals overwhelmingly believe that home staging is good for a seller. About 92% of polled agents believe that it will lead to a higher sales price, more demand, or a faster sale.
Staged Homes Sell Faster
Another one of the benefits of home staging is that a staged home will often sell much faster. Statistics have shown that a staged home could spend less than half the amount of time on the open market, when compared to a home that is not staged.
Staging Can Be Affordable
One of the benefits of home staging is that it does not have to be expensive. When staging, you are borrowing furniture. About half of the time, the total cost will be under $1,000.
Staging Can Be Concentrated to Certain Areas
To help reduce costs even more, staging in a home can be concentrated to certain areas. A home stager will focus on high-traffic and focus areas. This can include kitchens, master suites, and main living rooms.
Rooms to Avoid
While there are important rooms to stage, there are less important areas too. A home office and guest room typically do not need to be staged. Less than ten percent of realtors recommend staging these rooms.
Some Realtors Provide for Free
Depending on your situation, you may even be able to get the staging service for free. More than 75% of polled real estate agents have stated they have provided free staging services to clients in the past.
Neutral Tones
Based on a poll, finding a way to incorporate neutral tones is always important. The most popular paint options tended to be grey or beige. However, the tones to use will be based on the needs of the home and market.
Know Target Buyers
It is important to know the target of your potential buyers. Home stagers agree that having a kid-friendly staged room for larger homes near schools would be a good addition. However, condos and smaller homes may not need this included in the staging plan.
Vacant Properties Benefit the Most
While all homes can benefit from home staging, vacant properties can benefit the most. Vacant homes often require the most staging effort, but it is more necessary as it helps to provide a buyer with images of space utilization.
Focus on Decluttering
While home staging is important, you still need to focus on decluttering. 95% of agents recommend decluttering a home along with home staging. This will make any property seem larger and more ready for someone to move into it.
Professional Staging is Worth the Investment
While you can try to stage on your own, a professional home stager will better know the market and what could sell a home. Overall, you can expect to earn a higher ROI for your dollar when using a professional.
Overall, these home staging statistics show that staging is a good option for anyone in the Arvada, CO market. When you are looking for guidance and support for home staging in Arvada, you should call Tower Staging & Design. The team here will be able to provide you with all of your home staging services you need to help your home sell quickly.